Country by Country Reporting deadline extended

Nov 27, 2017

The Revenue's electronic system is not ready to accept the first Country By Country (CbC) Reports which are due to be filed by relevant taxpayers on or before 31 December 2017.    Therefore the deadline for filing such reports is extended to 28 February 2018. 

Revenue tells us that the electronic CbC Reporting filing system includes a standard validation module that is being provided by the EU Commission.  However, due to late changes to the CbC Reporting schema, the final version of the validation module is not yet available.  This means that Revenue cannot accept CbC reports. 

According to eBrief No. 107/17, the tested version of the validation module is expected to be received in mid-December and integrated with the Revenue system shortly thereafter.  As a consequence, CbC Reports for fiscal years ending in 2016 can be filed up to 28 February 2018.

CbC Reporting filing obligations are contained in section 891H of the Taxes Consolidation Act 1997 and the Taxes (Country-by-Country Reporting) Regulations 2016.

We will continue to engage with Revenue on the availability of the CbC Reporting system and we will keep you informed of any developments via our weekly Chartered Accountants Tax eNews.